Nicolas Boivin

1 month ago | bruegel.org | Jesper Berg |Nicolas Boivin |Hans Geeroms |Rebecca Christie

In the context of financial deregulation in the United States, it may be only a matter of time before President Trump’s administration proposes delays to the final parts of Basel III. Basel III is the set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-2009. It aims to strengthen the regulation, supervision and risk management of banks worldwide.

1 month ago | bruegel.org | Nicolas Véron |Nicolas Boivin |Zsolt Darvas |Marie-Sophie Lappe

Less than fifteen years after the global financial crisis of 2007-2008, banks and policymakers are calling for deregulation and lower capital requirements in the financial sector. They dispute that the Basel framework, the global standards for regulating large international banks, should be implemented fully in the European Union.